Patterson-Schwartz Real Estate201 E Chestnut Street, Norristown, PA 19401 $650,000
Interior Sq. Ft: 2,272
Acreage: 0.04
Age:125 years
Taxes: $4,025
Design/Type:
Other
Description
Don't miss out on this excellent opportunity to own a 5-unit investment property with tons of original detail. The property consists of a 4 unit newly painted building and an attached house on one tax parcel. It's fully leased with current monthly income of $5080.00. Property is conveniently located only blocks from shopping, schools, parks, houses of worship, and transportation. 4 units have updated kitchens and bathrooms, including counter tops, flooring, cabinets and back splashes. CAP rate equals 7.2%
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Elem. School: Hancock Mid. School: Eisenhower High School: Norristown Area
Features
Utilities
Radiator Heating, Steam Heating, Electric, Natural Gas, Other, None, None, Hot Water - Natural Gas, Public Water, Public Sewer, 60 Amp Service, Circuit Breakers, Cable TV Available
Garage/Parking
On Street
Interior
Ceiling Fan(s), Full Basement, Unfinished Basement, Fully Carpeted Flooring, Tile/Brick Flooring, Vinyl Flooring, Replacement Windows
Exterior
Brick/Mortar Foundation, Stone Foundation, Flat Roof, Brick Exterior, Stucco Exterior, Sidewalks, Street Lights
Lot
Corner Lot/Unit
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (25 schools)
Public Middle (9 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Eisenhower Middle School | Norristown Area School District | 5–8 | Norristown | 0.93 mi |
| Stewart Middle School | Norristown Area School District | 5–8 | Norristown | 1.22 mi |
| Colonial Middle School | Colonial School District | 6–8 | Plymouth Meeting | 1.77 mi |
| Upper Merion Middle School | Upper Merion Area School District | 5–8 | King of Prussia | 2.6 mi |
| East Norriton Middle School | Norristown Area School District | 5–8 | Norristown | 2.7 mi |
| Pennsylvania Virtual Charter School | Pennsylvania Virtual Charter School | K–12 | King of Prussia | 4.06 mi |
| Agora Cyber Charter School | Agora Cyber Charter School | K–12 | King of Prussia | 4.19 mi |
| Black Rock Middle School | Lower Merion School District | 5–8 | Villanova | 4.74 mi |
| Skyview Upper Elementary School | Methacton School District | 5–6 | Eagleville | 4.99 mi |
Public High (7 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Roosevelt Campus of the Norristown Area | Norristown Area School District | 9–12 | Norristown | 0.53 mi |
| Central Montco Technical High School | Central Montco Technical High School | 9–12 | Plymouth Meeting | 1.44 mi |
| Norristown Area High School | Norristown Area School District | 9–12 | Norristown | 2.37 mi |
| Upper Merion High School | Upper Merion Area School District | 9–12 | King of Prussia | 2.64 mi |
| Plymouth-Whitemarsh Senior High School | Colonial School District | 9–12 | Plymouth Meeting | 3.84 mi |
| Pennsylvania Virtual Charter School | Pennsylvania Virtual Charter School | K–12 | King of Prussia | 4.06 mi |
| Agora Cyber Charter School | Agora Cyber Charter School | K–12 | King of Prussia | 4.19 mi |
Private (30 schools)
© 2024 LiveBy. All Rights Reserved.
This report is a detailed community overview for Norristown (19401), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 27
- Average salary of people in this community: $46,885
Community Summary
- Population Density (ppl / mile): 6,839
- Household Size (ppl): 2.48
- Households w/ Children: 60%
Housing Inventory
- Owned: 7,150 (38.5%)
- Rented: 9,259 (49.9%)
- Vacant: 2,161 (11.6%)
- Total: 18,570
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 6.7%
- Some High School: 10.5%
- High School Graduate: 34.1%
- Some College: 15.3%
- Associate Degree: 6.2%
- Bachelor's Degree: 16.3%
- Graduate Degree: 10.9%
Income by dollar range
Median Income: $53,696
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $909
- One Bedroom: $913
- Two Bedroom: $1,208
- Three Bedroom: $1,241
- Four Bedroom: $1,569
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6089
Listing Courtesy of: BHHS Fox & Roach Wayne-Devon , (610) 651-2700
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 12/27/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
